Understanding EA Inputs
Professional Advisor Enter Information
This information explains the aim and performance of every enter parameter in your Professional Advisor (EA). Use these descriptions to configure the EA in your buying and selling wants.
Normal Buying and selling Settings
- Set symbols for buying and selling: Enter the buying and selling symbols with out together with any suffix or prefix; the EA will robotically detect them.
- Specify fundamental magic quantity: This parameter assigns a singular identifier to the trades executed by this EA. It helps in differentiating between trades when utilizing a number of EAs or methods.
- Specify order remark: This enter permits you to add a customized remark for every commerce. These feedback are helpful for reviewing buying and selling historical past and monitoring particular methods.
Danger Administration
- Specify lot calculation technique: Select how the lot measurement will likely be calculated. This technique determines the commerce measurement primarily based on particular situations, equivalent to account steadiness or fairness.
- Set proportion danger for every commerce: Outline the portion of your account steadiness you’re prepared to danger on every commerce, expressed as a proportion.
- Specify mounted lot measurement: Enter a relentless lot measurement should you desire to not use dynamic lot calculation. This ensures constant commerce volumes.
- Set max unfold for opening trades: Outline the utmost unfold allowed for opening a commerce. This ensures that trades usually are not executed throughout unfavorable market situations with excessive spreads.
Efficiency Targets and Restoration
- Specify goal proportion per day to keep away from new trades: Set a each day revenue goal. As soon as this goal is reached, the EA will cease opening new trades to safe earnings and handle danger.
- Apply closing all orders when each day goal % is reached: Allow this feature to robotically shut all energetic trades as soon as the each day revenue goal has been achieved.
- Allows strategic loss restoration: Activate superior methods to recuperate losses effectively. This characteristic is designed that will help you regain account fairness after unfavorable market actions.
- Outline technique begin technique: Set the preliminary situations or triggers that can begin the restoration course of.
- Choose easy methods to enhance free margin: Select a technique to optimize accessible free margin in the course of the restoration course of, making certain higher capital allocation.
- Omit preliminary image in restoration course of: Skip restoration actions for the primary image to streamline restoration operations for subsequent trades.
- Activate restoration on sign: Allow the EA to start out restoration actions primarily based on particular market indicators, bettering effectivity in loss restoration.
- Specify timeframe for restoration sign detection: Set the timeframe for use when figuring out restoration indicators. This helps the EA adapt to market situations appropriately.
- Specify interval for restoration sign detection: Outline the look-back interval for analyzing restoration indicators, making certain correct identification of alternatives.
- Specify RSI low worth for restoration sign detection: Enter the decrease RSI threshold for recognizing oversold situations throughout restoration.
- Specify RSI excessive worth for restoration sign detection: Enter the higher RSI threshold for recognizing overbought situations throughout restoration.
- Make the most of reverse RSI restoration technique: Allow this feature to make use of an inverse RSI strategy for detecting restoration alternatives.
Superior Zone Calculation and Revenue Settings
- Specify mounted factors distance for zone calculation: Outline the spacing between ranges used within the restoration zone calculation.
- Specify timeframe for ATR calculation: Select the timeframe used to calculate the Common True Vary (ATR), which informs restoration zone settings.
- Specify ATR interval for zone calculation: Set the variety of durations to make use of for ATR calculations within the restoration zone setup.
- Specify ATR multiplier for zone calculation: Modify the dimensions of the restoration zone by multiplying the calculated ATR worth by this issue.
- Specify TP pips multiplier for identical sign: Set the multiplier for calculating take-profit ranges for trades following the identical of authentic sign.
- Specify TP pips multiplier for reverse sign: Set the multiplier for calculating take-profit ranges for trades primarily based on opposing of originalsignals.
- Specify revenue sort for restoration: Select how the revenue will likely be calculated throughout restoration, both as a set quantity or a proportion.
- Specify whole revenue in USD after closing restoration positions: Enter the specified greenback quantity of revenue to attain after closing restoration trades.
- Specify whole revenue as a proportion of steadiness after closing restoration positions: Outline the revenue purpose as a proportion of the account steadiness for profitable restoration operations.
Use these inputs to totally customise the habits of your EA, making certain it aligns together with your buying and selling technique and danger administration preferences.
